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12 September 2019 09:47

Procore expands into preconstruction to connect all phases of construction on a single platform

Procore Tender Management product streamlines preconstruction process

SYDNEY, Australia - 11 September 2019 – Procore Technologies, Inc., a
leading provider of construction management software, is expanding its
solutions into the preconstruction process with the introduction of Procore
Tender Management. Every stakeholder in construction – owners, general
contractors, and specialty contractors – gains greater alignment on a
project when transparency and collaboration are at the forefront, bringing
all parties together before a shovel hits the dirt.

Thousands of Procore customers, including Australian companies, B&M
Building Group and Imperial Builders, use Procore Tender Management on the
Procore platform, allowing them to easily transition from one phase of
construction to the next.
Procore Tender Management
streamlines the tendering process with tools that allow users to create
tender packages, send tender invitations, communicate with respondents,
collect tender sheets, and track coverage. What was previously a manual and
time-consuming process is now a quick and easy solution, which takes only
minutes to complete.

“Procore has helped my business become more productive and time efficient
with tendering projects,” said James Muscat, Director, B&M Building
Group. “One of the main reasons we went ahead with Procore was the fact
that it runs from tenders all the way to the budget and subcontractor
management - so our entire company can be online now. The ease and
visibility of the tendering process helps to save on costs as we no longer
have to spend hours or days chasing contractors.”

Complimenting Procore’s expansion into preconstruction is the company’s
recent acquisition
of Honest Buildings
. Through Procore’s existing App Marketplace integration, and in-progress
product integration, Procore is committed to addressing the specific needs
of owners in the preconstruction process and helping owners manage their
ongoing portfolio financials.

“Expanding the ability to gather and analyse data around the built
environment is and will continue improving project outcomes for everyone
around price and project execution,” said Lisa Picard, President and CEO of
EQ Office, Blackstone’s U.S. office portfolio company. “The integration of
Procore and Honest Buildings’s platforms radically opens a world of value
to owners and contractors that will re-shape our industries.”

Procore is a leading provider of construction management software. Procore
connects people, applications, and devices through a unified platform to
help construction professionals manage risk and build quality
projects—safely, on time, and within budget. Procore has a diversified
business model with products for Project Management, Construction
Financials, Quality & Safety, and Field Productivity. Headquartered in
Carpinteria, California, with offices around the globe, Procore is used to
manage billions of dollars in annual construction volume. For more
information about Procore, visit procore.com.

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